Shearwater GeoServices has completed a carbon storage survey project in the Danish North Sea for French energy giant TotalEnergies. The survey covers a CO2 geological storage license awarded to TotalEnergies earlier this year. To remind, the Danish Ministry of Climate, Energy and Supply announced on
Qatar’s state-owned oil and gas company QatarEnergy has signed an agreement with South Korean shipyard HD Hyundai Heavy Industries (HHI) for the construction of 17 LNG carriers. The shipbuilding contract, valued at QR14.2 billion ($3.9 billion), was revealed on September 27, 2023, and is said to mar
Safety concerns surrounding ammonia bunkering and the design of ammonia-bunkering vessels are in the spotlight as the maritime industry explores ammonia as a potential green fuel. Despite ammonia’s well-known toxicity, it has been successfully transported as cargo on LPG ships in recent years. Now,
UAE’s Masdar has signed the agreement with PLN Nusantara Power (PLN NP) for a 500MW expansion of Cirata floating solar plant in Indonesia – which is set to become the largest floating solar plant in the Association of Southeast Asian Nations (ASEAN).
U.S. engineering company KBR has been awarded a blue hydrogen process technology and front-end engineering design (FEED) contract by Essar Group’s EET Hydrogen, formerly Vertex Hydrogen, for its planned HPP2 low-carbon hydrogen facility at HyNet, the UK’s industrial decarbonization project. Under th
The IEA believes that the path to limiting global warming to 1.5 °C has narrowed, however, clean energy growth is still keeping it open.
UK and Germany have signed a Joint Declaration of Intent to collaborate on the development of an international hydrogen industry. The new agreement was signed on September 26, 2023, at the UK Embassy in Berlin, by Minister for Energy Efficiency and Green Finance Lord Callan and Federal Republic of G
Norway’s Argeo and Shearwater GeoServices have entered a strategic alliance with the aim of innovating and pioneering new technology and products across the subsea and ocean bottom node (OBN) markets. The collaboration aims to drive innovation across all relevant sectors and markets, including the d
Italian shipbuilding giant Fincantieri has secured a substantial €800 million (USD 845 million) medium/long-term sustainability-linked loan. The loan, which spans five years, with a pre-amortization period of three years, will support Fincantieri’s organic growth and burgeoning workload. As informed
The Port of Kiel has opened two shore power facilities at the Ostuferhafen, consisting of a 50/60 Hz shore power facility for cruise ships and ferries as well as a 50 Hz shore power facility for ferries.
A new gas condensate discovery in the Norwegian sector of the North Sea, made by DNO Norge, is perceived to be a play-opener.
French LNG containment specialist GTT has received an order from China’s Jiangnan Shipyard for the tank design of two new liquefied natural gas carriers (LNGCs), on behalf of Shandong Marine Energy (Singapore). The delivery of the vessels is scheduled between the first and second quarters of 2027. G
U.S. energy company New Fortress Energy (NFE) has provided new updates on its Fast LNG project in Altamira, Mexico. On September 27, 2023, the liquefaction rig Pioneer II set sail for Altamira, where it will meet Pioneer I and Pioneer III, NFE said in a brief social media update. Pioneer III was ins
French designer and manufacturer of wingsail solution AYRO has secured a 19.2 million € ($21 m) Series B round financing for its OceanWings.
